Tag: stocks
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SK hynix surges on first day of trading on Wall Street
SK hynix’s Nasdaq listing raised US$26.5 billion, making it one of the largest stock sales in history.
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South Korean chip titan SK hynix raises US$26.5 billion in blockbuster US listing
The South Korean chip giant’s debut would be the largest US listing by a foreign firm.
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Stocks shrug off tensions to rise on renewed tech interest
“Any disruption in the region is not as harmful as before,” analyst Christopher Low said.
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Oil surges, stocks slide as Trump says Iran ceasefire over
US President Donald Trump said the US-Iran ceasefire was “over”, sending oil prices higher amid fears of supply disruptions.
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Oil back at US$80, stocks slide as Trump says Iran ceasefire over
LONDON: Oil prices briefly soared back above US$80 per barrel while stock markets slid Wednesday (Jul 8) after US President Donald Trump said the ceasefire with Iran was over, followi
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Tanker attacks send oil higher, stocks hit by AI jitters
“Crude oil rose by more than two per cent” as renewed attacks on commercial shipping revived fears over global energy supplies, analyst Axel Rudolph said.
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Stocks slip; Samsung’s record profit revives jitters on AI outlook
LONDON, July 7 : Global stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with investors remaining concerned about the sustainability of the AI-driven rally, while oil prices rose on renewed Middle East tensions.Samsung Electronics forecast a 19-fold jump i
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Stock markets meander as US tech stocks climb
NEW YORK: Major stock markets meandered Monday (Jul 6) while US tech names climbed, as quarterly earnings season kicks into gear. After a tough end to June fuelled by worries that the valuation of companies linked to AI may have been overdone, the mood lifted last Thursday as data sho
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Hedge funds dumped chip stocks for a fourth week as AI shares sold off
LONDON, July 6 : U.S. hedge funds sold tech hardware stocks for a fourth week in a row, according to a client note from Goldman Sachs on Friday, in line with a recent decline in global chip shares and just before many of these companies will report earnings.Tech shares and especially semiconductors have prope
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